Financial development and investment: The case of the Philippines
Date of Publication
2005
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Applied Economics
Subject Categories
Economics
College
Ramon V. Del Rosario College of Business
Department/Unit
Economics
Thesis Adviser
Angelo Taningco
Defense Panel Chair
Rica Garde
Defense Panel Member
Marissa Garcia
Angelo Unite
Abstract/Summary
Financial development is hypothesized to encourage investments by increasing the availability of funds, minimizing the constraints faced by businessmen and reducing transaction costs. Following King and Levine (1993a) we employ four financial development indicators against gross domestic investment as a share of GDP in the Philippines using data from 1965-2003. The effects of financial development of the previous year on investments were also tested. Our evidences suggest that some indicators are significantly associated with investment and the financial development of the previous year is more effective in generating investment.
Abstract Format
html
Language
English
Format
Accession Number
TU14296
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
87, [36] leaves : ill. ; 28 cm.
Keywords
Investments--Philippines; Finance--Philippines
Recommended Citation
Sy, E., Sy, J., Tan, J., & Zozobrado, K. (2005). Financial development and investment: The case of the Philippines. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/14353